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-   -   How many ZR-1's are left? (http://zr1.net/forum/showthread.php?t=18003)

vilant 07-28-2012 06:09 PM

How many ZR-1's are left?
 
Most of us know(or can quickly find)the production #'s of each year ZR-1. Is there anyway to know exactly how many are left? I got to imagine out of the 6922 produced, a few hundred are in the boneyard, stolen and scrapped for parts, or stolen and shipped overseas. Who knows, could actually be a 1000+. Was just curious if there was anyway to know for sure. Does the net registry have a database of what car vin #'s have been registered members?

LGAFF 07-28-2012 06:16 PM

Re: How many ZR-1's are left?
 
you know I could probably ball park this by using average frequencies and average % of totals losses across 10 years and give it a factor for classic cars.....

vilant 07-28-2012 06:27 PM

Re: How many ZR-1's are left?
 
Quote:

Originally Posted by LGAFF (Post 146425)
you know I could probably ball park this by using average loss ratios and average % of totals losses across 10 years and give it a factor for classic cars.....

Is that something car insurance co.'s use? Would the average % be higher for sports cars? Maybe we should start a confirmed kills thread. People post the salvage yard they know dead Z's reside. Or maybe start a campaign of calling scrap yards all across the US to find total number of kills, lol.

scottfab 07-28-2012 06:49 PM

Re: How many ZR-1's are left?
 
Then there is the question of counting "proto-types" and salvage recoveries and of course the standard C4 with a ZR-1 logo on the side :p

LGAFF 07-28-2012 07:19 PM

Re: How many ZR-1's are left?
 
Collision and Comp carry a frequency and there is in fact a frequency used by car....each year insurance companies submit premium multipiers to the state by the make and model of a car; based upon its loss ratio.....there is a base premium and all of your factors move that base premium up and down.

The thing to consider is that Zs are probably driven less than most Corvettes...let me think this through, and get some #s.

The loss ratio on classic cars is about 40-50% of what standard auto insurance is....which means frequency would be lower than standard insurance too...

vilant 07-28-2012 07:59 PM

Re: How many ZR-1's are left?
 
Quote:

Originally Posted by scottfab (Post 146428)
Then there is the question of counting "proto-types" and salvage recoveries and of course the standard C4 with a ZR-1 logo on the side :p

I don't think proto-types should be counted, because that's what they are, they're not a production model. Same for a C4 w/ ZR-1 logo, it's like sticking a Mercedes emblem on a Volkswagen. It doesn't turn your :censored: Volkswagen into a Mercedes, lol. Now the salvaged Z's pose a problem. How many that were totaled, were rebuilt. I can't imagine too many were, but I'm sure some were.:cheers:

vilant 07-28-2012 08:01 PM

Re: How many ZR-1's are left?
 
Quote:

Originally Posted by LGAFF (Post 146431)
Collision and Comp carry a frequency and there is in fact a frequency used by car....each year insurance companies submit premium multipiers to the state by the make and model of a car; based upon its loss ratio.....there is a base premium and all of your factors move that base premium up and down.

The thing to consider is that Zs are probably driven less than most Corvettes...let me think this through, and get some #s.

The loss ratio on classic cars is about 40-50% of what standard auto insurance is....which means frequency would be lower than standard insurance too...

Cool, would be neat to know.:cheers:

scottfab 07-28-2012 08:57 PM

Re: How many ZR-1's are left?
 
Quote:

Originally Posted by vilant (Post 146433)
I don't think proto-types should be counted, because that's what they are, they're not a production model. Same for a C4 w/ ZR-1 logo, it's like sticking a Mercedes emblem on a Volkswagen. It doesn't turn your :censored: Volkswagen into a Mercedes, lol. Now the salvaged Z's pose a problem. How many that were totaled, were rebuilt. I can't imagine too many were, but I'm sure some were.:cheers:

Well fortunately there would not be over a 1% error with these but.... fun to think about. Getting real data on all the ~6000 cars is the biggest hurdle. Any body can reach into a bag and come out with a number but the real number ? Who knows.
I say there are 5000 left +/- 30% :dancing

LGAFF 07-28-2012 09:16 PM

Re: How many ZR-1's are left?
 
Well the numbers from the bag I am reaching in lands us a combined loss ratio of 88-89% year and year out; I truly think the number is well over 5K

mike100 07-29-2012 12:59 AM

Re: How many ZR-1's are left?
 
Quote:

Originally Posted by LGAFF (Post 146438)
Well the numbers from the bag I am reaching in lands us a combined loss ratio of 88-89% year and year out; I truly thing the number is well over 5K

Does that only take into account of reported insurance losses/ frequencies based on this model over 20 years? I'd have to think that 16-22 year old cars have been just plain used up, but not necessarily crashed or written off.

I would guess 4000-4500 cars remain based on Lee's estimated loss ratio.


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